Second-Preferred Stock

0.01 sec.

Second-preferred stock

Preferred stock issue that has less priority in claiming dividends and assets in liquidation than another issue of preferred stock.

A preferred stock with a guaranteed dividend that, in the event of liquidation, ranks below another issue of preferred stock. That is, if the company issuing the second preferred stock liquidates itself, a designated issued of preferred stock must have all back dividends paid before the holders of second preferred stock receive anything. However, second preferred stock ranks above all common stock. See also: Absolute priority rule.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		Financial browser	?		Full browser	?
Second Preferred			Seasoned New Issue Seasoned Securities Seat Seattle Ministerial SEC SEC Fee SEC Release IA-1092 SEC Yield Secert Ballot Second second bite of the apple Second Cruzeiro Second Fundamental Welfare Theorem second home Second market second mortgage Second mortgage lending Second pass regression Second Preferred Second Round Second Section Second State Pension Second Sudanese Pound Second-Class Mail second-generation space Second-Preferred Stock Second-Tier Stock Second-to-Die Insurance Secondary Bank Secondary Distribution Secondary distribution/offering secondary easement secondary financing Secondary Issue secondary market secondary mortgage market Secondary Mortgage Markets Secondary Offering Secondary Public Offering Secondary reserves secondary shares Secondary Stock Secondary Stocks Secondary Trade Secondary Trend Secondo le regole secret profit Secret Reserve Secretariat Secretary of Agriculture Secretary of Commerce			Second-Order Moment Function Second-Order Oppenheimer-Brinkman-Kramers Second-Order Perturbation Theory with Diagonal part of Fock Matrix Second-Order Perturbation Theory with Fock matrix Second-order phase transition Second-order phase transition Second-order phase transition Second-Order Polarization Propagator Approximation Second-Order Position Width Second-Order Power Control second-order reaction second-order reactions second-order reinforcer second-order reinforcer second-order relief Second-Order Small Slope Approximation Second-Order Spin Reorientation Reform second-order station second-order subroutine Second-Order Sufficient Condition Second-Order Switched System second-order transition Second-Order Zero-Disparity Second-Order-Hold second-person second-place finish Second-Preferred Second-Preferred Stock Second-Preferred Stocks second-rate second-rate second-rateness second-rateness second-rater second-rater second-raters second-raters second-remove subroutine second-set phenomenon second-set reaction second-set rejection Second-sight second-sighted second-sighted second-site mutation second-site mutation second-site mutation second-site mutation Second-Stage Conduit Second-Stage Conduit Container Second-Stage Juvenile second-stage reconstruction second-stage surgery second-stage surgery second-stage surgery second-stage surgery second-story man second-story thief

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.